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Critical Success Factors of Small and Medium-Sized Enterprises in Saudi Arabia: Insights from Sustainability Perspective

Author

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  • Ahmad Al-Tit

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia)

  • Anis Omri

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia
    Faculty of Economics and Management of Nabeul, University of Carthage, Carthage 1054, Tunisia)

  • Jalel Euchi

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia
    LOGIQ Laboratory, Sfax University, Sfax 3029, Tunisia)

Abstract

The aim of this study is to explore the critical success factors (CSFs) of small and medium-sized enterprises (SMEs) in Saudi Arabia. A questionnaire was developed using 28 factors/indicators identified from the previous researches. From 500 respondents, a total of 347 questionnaires were returned. By conducting exploratory factors analysis, these indicators were categorized into six factors, namely: Individual factors, business characteristics, management factors, business support, capital availability and business environment. Using IBM SPSS and AMOS, the results indicated that business support was the most critical factor that significantly affects the success of SMEs in Saudi Arabia, followed by individual factors, capital availability, and management factors. They also indicated that business characteristics and business environment factors had no significant impacts on the success of these enterprises.

Suggested Citation

  • Ahmad Al-Tit & Anis Omri & Jalel Euchi, 2019. "Critical Success Factors of Small and Medium-Sized Enterprises in Saudi Arabia: Insights from Sustainability Perspective," Administrative Sciences, MDPI, vol. 9(2), pages 1-12, April.
    • Handle: RePEc:gam:jadmsc:v:9:y:2019:i:2:p:32-:d:219413
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    References listed on IDEAS

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    1. Maher Al-Mahrouq, 2010. "Success Factors of Small and Medium Enterprises: The Case of Jordan," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 13(2), pages 89-106, November.
    2. Vishal Vyas & Sonika Raitani & Ankur Roy & Priyanka Jain, 2015. "Analysing critical success factors in small and medium enterprises banking," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 11(1), pages 106-123.
    3. Maher Al-Mahrouq, 2010. "SUCCESS FACTORS OF SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs): THE CASE OF JORDAN," Anadolu University Journal of Social Sciences, Anadolu University, vol. 10(1), pages 1-16, January.
    4. Said S. Al-Gahtani, 2004. "Computer Technology Acceptance Success Factors in Saudi Arabia: An Exploratory Study," Journal of Global Information Technology Management, Taylor & Francis Journals, vol. 7(1), pages 5-29, January.
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    Cited by:

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    2. Kanayo K. Ogujiuba & Maria Eggink & Ebenezer Olamide, 2023. "Interaction and Main Effects of Finance Support and Other Business Support Services on the Entrepreneurial Ecosystem: A Case Study of the Mpumalanga Province, South Africa," Economies, MDPI, vol. 11(6), pages 1-23, May.
    3. Aurelia TOMSA, 2023. "Features Of Regional Development Of Small And Medium-Sized Enterprises In Moldova," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 8(2), pages 19-24.
    4. Rabinder Singh & Rajani Kumari Sarangal & Gurmeet Singh, 2022. "The Impact of Micro and Macro Environment on Entrepreneurial Success: Case of J&K MSMEs," FIIB Business Review, , vol. 11(1), pages 94-106, March.
    5. Marcin J. Piątkowski, 2020. "Results of SME Investment Activities: A Comparative Analysis among Enterprises Using and Not Using EU Subsidies in Poland," Administrative Sciences, MDPI, vol. 10(1), pages 1-26, January.
    6. AHMAD Idris & ALNI Rahmawati & ARNI Surwanti & MAMDUH M. Hanafi, 2023. "Financial Literacy To Improve Sustainability: A Bibliometric Analysis," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 18(3), pages 24-43, December.
    7. Miloš Arsić & Zoran Jovanović & Radoljub Tomić & Nena Tomović & Siniša Arsić & Ištvan Bodolo, 2020. "Impact of Logistics Capacity on Economic Sustainability of SMEs," Sustainability, MDPI, vol. 12(5), pages 1-30, March.
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    9. Alkinoos Psarras & Theodoros Anagnostopoulos & Nikos Tsotsolas & Ioannis Salmon & Lazaros Vryzidis, 2020. "Applying the Balanced Scorecard and Predictive Analytics in the Administration of a European Funding Program," Administrative Sciences, MDPI, vol. 10(4), pages 1-15, December.
    10. León Mendoza, Juan Celestino & Valcárcel Pineda, Paolo, 2022. "Influencia de las características sociodemográficas personales en el éxito empresarial en Perú [Influence of personal sociodemographic characteristics on business success in Peru]," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 33(1), pages 326-352, June.
    11. Muhammad Shakeel & Li Yaokuang & Ali Gohar, 2020. "Identifying the Entrepreneurial Success Factors and the Performance of Women-Owned Businesses in Pakistan: The Moderating Role of National Culture," SAGE Open, , vol. 10(2), pages 21582440209, May.
    12. Paul Saah, 2022. "Critical Factors for the Successful Implementation of a Strategic Business Plan among Small and Medium Size Enterprises," International Review of Management and Marketing, Econjournals, vol. 12(4), pages 19-28, July.

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